Inhaltsbereich

The Rights and Remedies in Chapter 11 of Non-Debtor Parties to Executory Contracts

Referent: Richard F. Broude

23.05.2012
um
16:15 Uhr

The Rights and Remedies in Chapter 11 of Non-Debtor Parties to Executory Contracts Wealth today is no longer a matter of real estate or machinery and equipment. It is, instead, the value to be found in contractual relationships. And it is precisely in the area of contracts that the United States Bankruptcy Code has its greatest impact. The reorganization provisions (Chapter 11) of the Code rewrite or render unenforceable many essential contractual provisions when one of the parties files for bankruptcy. The series of three lectures by Professor Richard Broude examines the most important of the many effects of Chapter 11 on contractual relationships, namely, what are the rights and remedies generally of non-debtor parties to contracts; how are secured parties' rights under their loan agreements affected; and how may these loan agreements be rewritten by Chapter 11 plans.

Lecture Series "The Impairment of Contract in Chapter 11 of the U.S. Bankruptcy Code", Part I.

Richard F. Broude ist Fachanwalt für Insolvenzrecht in New York City und lehrt an der Columbia Law School.